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July 15, 2021
ET Bureau “The expectation was that Mindtree’s revenue in dollar terms would be about 4-5% but it has reported 7.7% growth. Wipro also moved up along with midcaps; the hope in the market is that others may also outperform like Mindtree,” said Neerav Dalal, research analyst at Maybank Kim Eng Securities. “Infosys will move up but the midcaps have already moved up; so they are likely to cool off. Any dip in midcap IT stocks, Infosys and Wipro will be bought into. I would want to wait and ...
May 26, 2021
Happiest Minds Technologies rose 2.73% to Rs 790.40 after the company said that it has entered in to a strategic partnership with Yotta Infrastructure to deliver hyperscale colocation and managed IT services. The partnership enables Happiest Minds Technologies to deliver scalable, flexible, and quality data center and cloud services. This joint solution provides a unique proposition for end customers, thereby creating new business opportunities. Yotta Infrastructure, a Hiranandani group compan...
May 19, 2021
Nifty, Sensex may remain subdued – Wednesday closing report Moneylife Digital Team 0 We had mentioned in Tuesday’s closing report that Nifty, Sensex rally may pause for a breath. On Wednesday, the indices opened lower and suffered a minor loss. On the NSE, there were 1,097 advances, 860 declines and 68 unchanged. The trends of the major indices in the course of Wednesday’s trading are given in the table below: Indian Oil Corporation net profit rose 78.6% YoY to Rs 8,781 crore ...
May 14, 2021
Explore Now Nifty futures on the Singapore Exchange traded 179 points, or 1.23 per cent, higher at 14,686.50, signalling that Dalal Street was headed for a positive start on Friday. Here are a dozen stocks which may buzz the most in todays trade: L&T, DRL and Cipla: Larsen & Toubro, Dr. Reddys Laboratories Cipla, Balkrishna Industries, Macrotech Developers, Aditya Birla Capital, Oberoi Realty, Escorts, SKF India and Cholamandalam Finance Holdings are among companies that will announce their Ma...
May 13, 2021
Read more about Happiest Mind Q4 PAT falls 14% QoQ to Rs 36 cr on Business Standard. The IT companys consolidated net profit fell 14.5% to Rs 36.05 crore on 14.5% increase in revenue to Rs 220.71 crore in Q4 FY21 over Q3 FY21.
May 13, 2021
Happiest Minds Q4 results: Consolidated net profit zooms to Rs 36 cr SECTIONS Last Updated: May 13, 2021, 12:17 PM IST Share Synopsis "The highlight for the year FY21 was our successful IPO... As we begin FY22, we will look to achieving 20 per cent organic growth as indicated at the time of our IPO," Happiest Minds Technologies Executive Chairman Ashok Soota said. The company announced its results late night on Wednesday. INSIGHTS NSE New Delhi: IT firm Happiest Minds Technologies Ltd has r...
May 13, 2021
IT firm Happiest Minds Technologies Ltd has reported a manifold growth in consolidated net profit at Rs 36.05 crore in the March 2021 quarter. The company, which got listed on BSE and NSE last year, had posted a net profit of Rs 5.30 crore in the year-ago period. Its revenue was at Rs 220.71 crore in the quarter under review, up 18.4 per cent from Rs 186.35 crore in the year-ago period, a regulatory filing said. On a quarter-on-quarter basis the net profit fell 14.5 per cent, from Rs 42.15 ...
April 15, 2021
Here are the top stocks to track in todays session: Earnings Today: Wipro, Blue Blends (India), Hathway Bhawani Cabletel & Datacom and Tinplate Company of India are scheduled to announce their quarterly numbers on Thursday. Most brokerages expect Wipros net profit to rise between 23-30 per cent year-on-year (YoY) but the figure could contract on a quarter-on-quarter (QoQ) basis. Infosys: The company posted a 17.5 per cent jump in net profit for the March quarter on YoY basis, even though it ...
March 12, 2021
Read more about Shares trade with decent gains; breadth strong on Business Standard. The domestic equity benchmarks continued to trade with decent gains in mid-morning trade amid positive global cues. Shares in capital good segment gained for the second day. The Nifty was trading above the 15,250 mark.
March 8, 2021
The domestic equity benchmarks firmed up once again in mid-afternoon trade. At 14:23 IST, the barometer index, the S&P BSE Sensex, was up 269.36 points or 0.53% to 50,674.68. The Nifty 50 index rose 89.55 points or 0.60% to 15,027.65. The broader market was trading higher. The S&P BSE Mid-Cap index advanced 0.48%. The S&P BSE Small-Cap index gained 1.03%. Buyers outnumbered sellers. On the BSE, 1782 shares rose and 1258 shares fell. A total of 218 shares were unchanged. Numbers to Track: In th...